Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.3.0.15
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 247,974 $ 233,558
Trade accounts receivable, net 244,977 266,057
Other receivables 7,136 9,650
Total receivables 252,113 275,707
Inventories, net 238,360 398,588
Prepaid expenses and other current assets 78,168 53,791
Deferred tax assets 11,720 11,720
Total current assets 828,335 973,364
Property and equipment, at cost, less accumulated depreciation and amortization 382,418 293,802
Intangible assets, less accumulated amortization 6,192 7,367
Deferred tax assets 12,323 12,323
Other assets, at cost 19,037 17,938
TOTAL ASSETS 1,248,305 1,304,794
Current Liabilities:    
Current installments of long-term borrowings 9,974 11,984
Short-term borrowings 49,368 18,346
Accounts payable 145,635 246,595
Accrued expenses 21,055 30,385
Total current liabilities 226,032 307,310
Long-term borrowings, excluding current installments 78,974 51,650
Deferred tax liabilities 73 0
Total liabilities 305,079 358,960
Commitments and contingencies    
Stockholders' equity:    
Preferred Stock, $.001 par value; 10,000 authorized; none issued and outstanding    
Additional paid-in capital 317,016 303,877
Accumulated other comprehensive income (loss) (2,298) 4,265
Retained earnings 590,190 600,013
Skechers U.S.A., Inc. equity 904,956 908,203
Non-controlling interests 38,270 37,631
Total equity 943,226 945,834
TOTAL LIABILITIES AND EQUITY 1,248,305 1,304,794
Class A
    
Stockholders' equity:    
Common Stock 37 37
Class B
    
Stockholders' equity:    
Common Stock $ 11 $ 11